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How to buy MCAN Mortgage Corporation (MKP) stocks

Learn how to easily invest in MCAN Mortgage Corporation stocks.

MCAN Mortgage Corporation is a mortgage finance business based in Canada. MCAN Mortgage Corporation stocks (MKP.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$17.65 – a decrease of 0.68% over the previous week. MCAN Mortgage Corporation employs 124 staff and has a trailing 12-month revenue of around C$103.7 million.

How to buy shares in MCAN Mortgage Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MKP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

MCAN Mortgage Corporation stock price (TO:MKP)

Use our graph to track the performance of MKP stocks over time.

MCAN Mortgage Corporation shares at a glance

Information last updated 2022-01-17.
Latest market closeC$17.57
52-week rangeC$13.55 - C$18.93
50-day moving average C$17.78
200-day moving average C$17.72
Wall St. target priceC$15.50
PE ratio 6.5133
Dividend yield C$1.36 (7.69%)
Earnings per share (TTM) C$2.72

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Is it a good time to buy MCAN Mortgage Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

MCAN Mortgage Corporation price performance over time

Historical closes compared with the close of C$17.57 from 2022-01-21

1 week (2022-01-17) -1.40%
1 month (2021-12-24) 4.27%
3 months (2021-10-22) -4.25%
6 months (2021-07-23) 1.97%
1 year (2021-01-22) 9.88%
2 years (2020-01-24) 6.48%
3 years (2019-01-24) 24.88%
5 years (2017-01-24) 18.32%

Is MCAN Mortgage Corporation under- or over-valued?

Valuing MCAN Mortgage Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MCAN Mortgage Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MCAN Mortgage Corporation's P/E ratio

MCAN Mortgage Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, MCAN Mortgage Corporation shares trade at around 7x recent earnings.

MCAN Mortgage Corporation financials

Revenue TTM C$103.7 million
Operating margin TTM 66.54%
Gross profit TTM C$64.3 million
Return on assets TTM 2.28%
Return on equity TTM 19.36%
Profit margin 67.86%
Book value C$14.26
Market capitalisation C$524 million

TTM: trailing 12 months

MCAN Mortgage Corporation share dividends


Dividend payout ratio: 49.45% of net profits

Recently MCAN Mortgage Corporation has paid out, on average, around 49.45% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.69% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MCAN Mortgage Corporation shareholders could enjoy a 7.69% return on their shares, in the form of dividend payments. In MCAN Mortgage Corporation's case, that would currently equate to about C$1.36 per share.

While MCAN Mortgage Corporation's payout ratio might seem fairly standard, it's worth remembering that MCAN Mortgage Corporation may be investing much of the rest of its net profits in future growth.

MCAN Mortgage Corporation's most recent dividend payout was on 4 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2021 (the "ex-dividend date").

Have MCAN Mortgage Corporation's shares ever split?

MCAN Mortgage Corporation's shares were split on a 1061:1053 basis on 12 November 2021. So if you had owned 1053 shares the day before before the split, the next day you'd have owned 1061 shares. This wouldn't directly have changed the overall worth of your MCAN Mortgage Corporation shares – just the quantity. However, indirectly, the new 0.8% lower share price could have impacted the market appetite for MCAN Mortgage Corporation shares which in turn could have impacted MCAN Mortgage Corporation's share price.

MCAN Mortgage Corporation share price volatility

Over the last 12 months, MCAN Mortgage Corporation's shares have ranged in value from as little as C$13.5519 up to C$18.9316. A popular way to gauge a stock's volatility is its "beta".

MKP.TO volatility(beta: 1.14)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while MCAN Mortgage Corporation's is 1.144. This would suggest that MCAN Mortgage Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

MCAN Mortgage Corporation overview

MCAN Mortgage Corporation operates as a mortgage investment corporation in Canada. The company offers single-family residential mortgages, as well as residential construction, non-residential construction, and commercial loans, as well as real estate and securitization investments. It also provides term deposits through a network of independent financial agents. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in September 2006. MCAN Mortgage Corporation was founded in 1980 and is headquartered in Toronto, Canada. .

MCAN Mortgage Corporation in the news

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Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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